"Difficult to stay afloat"
Name: Jay Magallanes
Age: 36
Hometown: Lynwood, Calif.
Occupation: Senior technician for an electrical adhesives company

I'm starting to see that I'm raising my daughter in totally different times than my parents. The economy sucks and jobs that once kept the middle class comfortable are now setting a huge dividing line between the wealthy and poor.

I can't even afford to get a one-bedroom apartment to put a roof over the head of my daughter and I. It's humiliating to be living at home.

I saw my father rent a three-bedroom apartment. They had two cars. My mom's family is from Cancun so we would always go to Cancun every summer. It seemed that money really wasn't that short.

I make more money now than my dad did in his time and it's just hard. It's very difficult to stay afloat.


By Tami Luhby @CNNMoney - Last updated January 23 2012: 4:56 PM ET
Middle class dropouts

Nearly a third of Americans who grow up middle class face downward mobility in adulthood. And that's before the Great Recession hit.

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